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Guidelines to ATO Withholding Clearance Certificates for Properties

Many are unaware that ATO Withholding Clearance Certificate is issued by the Australian Taxation Office (ATO). The WCC attests to the fact that, for the purposes of taxation, a property seller is an...

CGT Rollover: All the Things You Need to Understand

Capital Gains Tax (CGT) is a complex area of law, and you must seek professional advice from a business accountant. Note that in some situations, you can defer paying CGT through a CGT rollover. This...

01 Succession: The Series

Ok, not that Succession series. Each month we’ll bring you a new perspective on transferring property. Be it estate planning, managing an inheritance, or the various forms of business succession. This...

The ban on genetic test insurance discrimination

The ability for life insurers to discriminate based on adverse predictive genetic test results will be banned under a new Government proposal. Predictive genetic tests detect gene variants associated...

Farm Accounting and Budgeting: What You Need to Know

Farm accounting is vital for the financial health and sustainability of any agricultural operation. Whether you run a small family farm or a large commercial enterprise, accurate accounting and...

Accounting Challenges Faced by Law Firms

Law firms, like many professional service providers, face unique accounting challenges that require specialized expertise. From managing client trust accounts to understanding complex tax regulations...

Divorce, you, and your business

Breaking up is hard to do. Beyond the emotional and financial turmoil divorce creates, there are a number of issues that need to be resolved. What happens when there is a family company? For couples...

When is a gift not a gift?

The Tax Commissioner has successfully argued that more than $1.6m deposited in a couple’s bank account was assessable income, not a gift or a loan from friends. The case of Rusanova and Commissioner...

A Guide to Melbourne’s Company Accountant

Navigating the world of business finance can be daunting, but with the right company accountant, Melbourne businesses can thrive. This guide will help you understand the essential role of an...
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